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Search Results 0 to 4 of about 5 (some duplicates have been removed)
to last. siemens, answers. >> theu.s.economyinthefourthquarte of. the u.s. economy in the fourth quarter of last year october, november, december contracted by 0. 1%. one-tenth of 1%. it was the first contraction in three years and it rattles financial markets. much of the slippage in gross domestic product, was due to what the u.s. federal reserves describes as quote weather related disruptions and other transitory facts unquote. the central bank is keeping monetary policy on hold. and says n worth of long-term securities a month, until there is a substantial improvement in the outlook for the labor market. also, the cut back in department of defense outlays, is likely to fuel concerns about the size of a slow down and the full economic fallout of the large quote unquote sequester cuts scheduled for a month from now, the start of march. the president's press secretary said this about the sequester. quote, across-the-board cuts to education, to research and development, would have repeat, would have, damaging effects on our economy and our long-term economic prospects. unquote. a growing
congress gathers to hear the president, used to be known as "the people's house." but money power owns the lease now and runs the joint from hidden back rooms. you're looking at the most expensive congress money can buy. the house races last fall cost over $1 billion. it took more than $700 million to elect just a third of the senate. the two presidential candidates raised more than a billion a piece. the website politico added it all up to find that the total number of dollars spent on the 2012 election exceeded the number of people on this planet -- some seven billion. most of it didn't come from the average joe and jane. 60% of all super pac donations came from just 159 people. and the top 32 super pac donors gave an average of $9.9 million dollars. think how many teachers that much money could hire. we'll never actually know where all of the money comes from. one-third of the billion dollars from outside groups was "dark money," secret funds anonymously funneled through fictional "social welfare" organizations. those are front groups, created to launder the money inside the deep po
Search Results 0 to 4 of about 5 (some duplicates have been removed)